The U.S. housing sector is falling apart, and the Federal Reserve is all but ignoring the damage as it prepares for what many expect to be three rate hikes in 2019, CNBC’s Jim Cramer warned Friday. “The housing sector’s a disaster,” Cramer said on “Closing Bell.” “We’re building about half the houses we did when

Coca-Cola’s $5.1 billion acquisition of U.K. coffee chain Costa was less of an effort to take on giants like Starbucks than a move to create a new type of coffee experience, Coca-Cola President and CEO James Quincey tells CNBC. To Quincey, who joined Jim Cramer for an exclusive interview Friday, the coffee industry has split

Even though the tax legislation has changed, you don’t need to pay through the nose for help filing your return. In some cases, it’s free. In theory, the Tax Cuts and Jobs Act — which roughly doubled the standard deduction, did away with personal exemptions and trimmed individual income tax rates — should make it

After another week of roller coaster market action, investors may be looking at the balance in their 401(k) plan and wonder what they should do about their retirement savings. The volatility in the U.S. and global equity markets has led some “buy-and-hold” investors to make major moves in their retirement plans. Daily trading activity in

Comcast Ventures had seen enough. Years of researching business models, seeing their own portfolio’s performance and watching digital media startups struggle had made an impression. For 2018, the venture capital firm made a decision: it would no longer put money behind advertising-driven media companies no longer made sense. “Starting an ad-supported business is really, really

Amazon will soon have more than 50,000 jobs to fill. The company announced this month it will open two new headquarters, one in New York City, and the other in northern Virginia, and that the average salary will be more than $150,000. Wondering if you could be a contender? CNBC talked with former recruiters at

Target Corp.: “I think that the sector has to go down because it’s part of the fact that the Fed keeps tightening. They go lower. I think Target’s doing OK, but I wouldn’t buy it till after it reported.” Wynn Resorts Ltd.: “No. Ever since [former CEO] Steve Wynn left, we left with it.” Tesla

The breakdown in shares of Nvidia is a prime example of why investors should never fall in love with a stock, CNBC’s Jim Cramer said Friday as shares of the chipmaker hovered near their 52-week lows. The stock plunged as much as 19 percent after Nvidia’s third-quarter earnings report, which missed revenue estimates. Management’s guidance

Gaming may be a massive industry, but lately, shares of top video-game publishers have been struggling, so much so that CNBC’s Jim Cramer decided to dig deeper on Friday and find the source of the weakness. Even with the triple tailwinds of the rise of the stay-at-home economy, the rise of e-sports and the rise

CNBC’s Jim Cramer will be seeking out “man-made” buying opportunities for investors in the short week before Thanksgiving Day. Some of these opportunities reared their heads Friday, he said on “Mad Money.” Federal Reserve Vice Chairman Richard Clarida told CNBC that the central bank should be more data-dependent and President Donald Trump said Chinese officials

Homebuilder stocks are getting hammered. The group fell Friday for the sixth time in seven sessions, bringing the total year-to-date losses for the XHB, a popular homebuilder-tracking ETF, to 23 percent. While some investors are avoiding homebuilders amid rising interest rates that traditionally serve as a headwind for the economically sensitive group of stocks, others